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Baptist Health Care

Mark Faulkner, President & CEO. Fiscal year ending 2025-09.

$1.3M

CEO total compensation
Form 990 Part VII, columns D+E+F

4.90%

of expenses spent on charity care
Schedule H Part I line 7a

2.6%

CEO pay as a share of all charity care

§1The filing

Total revenue: $1,054,248,979
Total expenses: $1,000,321,353
Net assets: $379,128,783
Employees: 5,415
Hospitals covered: 2 facilities across 1 filing
Charity care, net: $49,022,947
Bad debt: $37,136,065
Medicare surplus (shortfall), as filed: ($1,829,164)
CEO pay from the organization (Part VII col. D): $1,259,874
From related organizations (col. E): $0
Other compensation, including deferred pay and nontaxable benefits (col. F): $35,907
CEO total compensation (D+E+F): $1,295,781 to Mark Faulkner

Medicare surplus (shortfall) is Schedule H Part III line 7: Medicare revenue minus the cost of Medicare care. A figure in parentheses is a shortfall. Like bad debt, it is not community benefit on the IRS form.

Source: Form 990, Baptist Health Care, EIN 59-0657322, fiscal year ending 2025-09, as published by the IRS. CEO identification: ceo title.

§2Community benefit versus charity care

What the system reported as total community benefit (Schedule H line 7k)$89.2M Of which charity care to patients who could not pay (line 7a)$49.0M (55%)

The rest of line 7k is Medicaid shortfall, medical education, research, subsidized services and contributions. Bad debt ($37.1M) and Medicare shortfall are reported separately by the IRS and are not community benefit on the form.

Every number on this page was copied from the filing linked above. If a figure is wrong, send the filing that contradicts it and the correction runs at the top of this page.

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Baptist Health Care: CEO pay $1.3M, charity care 4.90% of expenses

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Baptist Health Care reported $1,295,781 in compensation for chief executive Mark Faulkner in the fiscal year ending 2025-09. It spent 4.90% of expenses on charity care, $49,022,947. Source: its own IRS Form 990. https://everythingisbroken.org/reports/hospital-ceo-pay/system/baptist-health-care-inc-59-0657322.html